Is the sun setting on Arkansas’s high occupational licensing burden?

By Caleb Taylor ACRE Policy Analyst Alex Kanode was quoted in a recent article and wrote an op-ed in the Arkansas Democrat-Gazette discussing a recent change in how the state evaluates its licensing laws. Act 600, also known as The Red Tape Reduction Sunrise and Sunset Act, passed both the House and Senate with no […]

Better Health By Empowering Nurse Practitioners

By Caleb Taylor Could Arkansans get better healthcare and save money with a simple regulatory change? Dr. David Mitchell, an associate professor of economics at UCA and director of the Arkansas Center for Research in Economics, told the legislature that the answer is yes — and all Arkansans would have to do is let nurse […]

How Markets Protect You from Bad Haircuts

By Alex Kanode Last month, a bill was filed in the Arkansas Senate that would delicense barbers and make them pay a $50 fee and a $2,000 surety bond to the Department of Health. A surety bond is an agreement between the practitioner and the board that the practitioner will follow the rules. This agreement […]

Arkansans’ Occupational Licensing Burdens May Lighten

By Caleb Taylor Arkansas’s lower income workers face some of the heaviest licensing burdens in the country. That hurts job seekers, entrepreneurs, and consumers. These regulations also disproportionately harm military spouses, ex-offenders, minorities and immigrants. But new legislation could lead to better rules and more opportunities for Arkansans.   House Bill 1527, or the Red […]

Art Carden on the Unintended Consequences of Well-intentioned Policies

By Aaron Newell Prices are the conductors of the economic orchestra that guide resources from places where they have relatively low value to places where they have relatively high value. When these prices are interfered with, people are left worse off than if the prices had been left alone. Art Carden, Associate Professor of Economics […]

Could Arkansas’s New Minimum Wage Increase Poverty?

By Aaron Newell How is the new minimum wage increase going to affect Arkansans? After passing with 68% of the vote in November, the minimum wage will rise to $11 an hour by 2021. Some say it will provide Arkansans with a living wage. Others say it will force businesses to lay off employees. But […]

Are Arkansas’s Burdensome Licensing Laws Increasing Crime?

By Caleb Taylor In an op-ed entitled “Let them work” in the Arkansas Democrat-Gazette on March 4th, UCA Associate Professors of Economics David Mitchell and Thomas Snyder say some licensing laws hinder ex-offenders from being able to get honest work and also burden Arkansas taxpayers with the added costs of incarceration. Mitchell and Snyder write: […]

ACRE Releases New Data Guide for Arkansas Citizens

By Jeremy Horpedahl It can be tough to figure out what’s really happening in Arkansas’s economy. If you follow the news, you hear reports about the latest economic data all the time: Employment is up this month! Wages are stagnant! Poverty declined last quarter! This focus on the most recent data can be confusing or […]

Updated regulations could mean a fresh chance for Arkansans to thrive

By Alex Kanode The Arkansas Department of Corrections reports that there are almost 18,000 prisoners in the state. For a state of our size, this is a huge number. One reason is that released prisoners are more likely to reoffend here than in other states. This is known as our “recidivism rate”. One cause of […]

A prescription for Arkansas’s primary care shortage

By Caleb Taylor ACRE Director and UCA Associate Professor of Economics Dr. David Mitchell recently discussed the role of nurse practitioners in increasing access to care in Arkansas. Arkansas currently ranks 46th on the physician per capita list produced by the Association of American Medical Colleges, according to the Arkansas Democrat-Gazette. Mitchell stated in an […]